−Removed: do not own any property.
−Removed: January 1, 2019, the Company changed its corporate headquarters to 880 Third Avenue, 12th Floor, New York, New York 10022.
−Removed: Pursuant to a lease agreement, dated January
−Removed: 1, 2019, and renewed in 2020 the Company leased the space for a total monthly cost of $13,610.
+Added: We do not own any property.
+Added: On August 1, 2021, the Company changed its corporate
+Added: headquarters to 2222 Ponce de Leon Blvd., Floor 3, Coral Gables, Florida 33134.
+Added: Pursuant to a lease agreement, dated August 1,
+Added: 2021, and renewed in 2022, the Company leased the space for a total average monthly cost of $11,000.
For 2022, the lease agreement was
renewed at an average monthly rent rate of approximately $6,400.
−Removed: January 1, 2019, the Company terminated its prior lease agreement, dated May 2, 2017, with Regus Management Group, LLC for space
−Removed: at 750 Third Avenue, 9 th Floor, New York, NY 10017.
−Removed: On June 8, 2017, the Company entered into
−Removed: an Amended and Restated License Agreement (the License) with Actinium for office space located at 275 Madison Avenue, 7th Floor,
+Added: Effective July 31, 2021, the Company terminated
+Added: its prior lease agreement, dated January 1, 2021 for space at 880 Third Avenue, 12 th Floor, New York, NY 10022, its former
+Added: corporate headquarters.
+Added: On June 8, 2017, the Company entered into an Amended and Restated License
+Added: Agreement (the Actinium License) with Actinium Pharmaceuticals, Inc.
+Added: (Actinium) for office space located at 275 Madison Avenue, 7th Floor,
New York, New York 10016, our former corporate headquarters.
−Removed: This agreement amends and restates the license agreement entered into
−Removed: between the parties on March 10, 2016.
−Removed: Pursuant to the terms of the License, Actinium will continue to license the furniture, fixtures,
−Removed: equipment and tenant improvements located in the premises (the FFE).
−Removed: Actinium will pay to the Company a license fee of $7,529 per
−Removed: Actinium shall have at any time during the term of this Agreement the right to purchase the FFE.
−Removed: The term of the License
−Removed: is contemporaneous with the Lease Agreement.
+Added: This agreement amends and restates the license agreement entered into between
+Added: the parties on March 10, 2016 (the Lease Agreement).
+Added: Pursuant to the terms of the Actinium License, Actinium will continue to license
+Added: the furniture, fixtures, equipment and tenant improvements located in its office (the FFE) for a license fee of $7,529 per month until
+Added: December 8, 2022.
+Added: Actinium shall have at any time during the term of this Lease Agreement the right to purchase the FFE for $496,914,
+Added: less any previously paid license fees.
+Added: The license of FFE qualifies as a sales-type lease.
+Added: At inception, the Company derecognized the
+Added: underlying assets of $493,452, recognized discounted lease payments receivable of $397,049 using the discount rate of 8.38% and recognized
+Added: loss on sales-type lease of fixed assets of $96,403.
+Added: The term of the Actinium License is contemporaneous with the Lease Agreement.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.